Gold prices were steady on Wednesday as investors refrained from making big bets ahead of a decision on the pace of policy tightening by the U.S. central bank, while tensions surrounding Ukraine kept bullion near the previous session’s 10-week high.
Spot gold held its ground at $1,845.70 per ounce, as of 0738 GMT, after hitting its highest level since Nov. 19 on Tuesday. U.S. gold futures were down 0.3% at $1,847.10.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.